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My lender (2 months new) has increased my escrow twice. Can they do this? Is it legal

My lender (2 months new) has increased my escrow twice. Can they do this? Is it legal

This is a discussion on My lender (2 months new) has increased my escrow twice. Can they do this? Is it legal within the Mortgage Problems and Solutions forums, part of the Mortgage and Loans Forum category; I closed loan docs knowing I was to pay a certain amount in escrow costs monthly. Since this new lender ...

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12-03-2007, 09:52 PM

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My lender (2 months new) has increased my escrow twice. Can they do this? Is it legal

I closed loan docs knowing I was to pay a certain amount in escrow costs monthly. Since this new lender bought my loan 2 months ago they have increased the escrow costs each month. Who do I go to in order to find if they are frauding me?

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